There is a recent court decision which will have a significant impact on people who get paid for outstanding invoices, before a company is wound up. It may mean that you, the supplier, get paid by your customer, but then you have to give all of the money...
One of the potential disadvantages of having more than one owner of a property is what to do when they take different views of whether it should be sold. In a recent case, a husband went to court to force the sale of a property he owned with his wife (she having a very small share) when she refused to cooperate and took significant – and successful – steps to scare off potential purchasers.
The wife bombarded prospective purchasers with misinformation regarding the property, designed to persuade them to withdraw their interest in it.
The solution sought by the husband was simple – he asked the court to make sure that the names and addresses of any proposed purchasers and their solicitors would not be revealed to his wife.
The court was able to agree.